Fixed Income: U.S. - Corporate, Broad-based Investment Grade Short-Term
ETF.com Insight
With 13 ETFs and over $78.87B in combined AUM, the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Short-Term segment provides exposure to the U.S. space with a focus on Investment Grade securities.
Year-to-date, the best-performing ETF in the segment is the Schwab 1-5 Year Corporate Bond ETF (SCHJ), with a total return of 1.95%. Meanwhile, the most popular ETF is the Vanguard Short-Term Corporate Bond ETF (VCSH) with $37.68BB in assets under management.
Investors should take a look at the Vanguard Short-Term Corporate Bond ETF (VCSH). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VCSH tracks a market-weighted index of investment-grade, fixed-rate corporate bonds with maturities between 1 and 5 years. VCSH has an expense ratio of 0.04% and tracks the Bloomberg U.S. 1-5 Year Corporate Bond Index.
ETF.com Efficiency Insight
The average efficiency score in the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Short-Term segment is 92 out of 100, with the Vanguard Short-Term Corporate Bond ETF(VCSH) obtaining the highest rating of 96 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.14% per year, with the Schwab 1-5 Year Corporate Bond ETF (SCHJ) having the lowest expense ratio, charging investors 0.03% yearly.
Investors should look for funds with tight tracking, such as the Vanguard Short-Term Corporate Bond ETF (VCSH), with a 12-month median tracking difference of -0.01%.
Tracking Difference (12 Month)
ETF.com Tradability Insight
The average tradability score in the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Short-Term segment is 86 out of 100, with the Vanguard Short-Term Corporate Bond ETF(VCSH) obtaining the highest rating of 100 out of 100.
The Vanguard Short-Term Corporate Bond ETF (VCSH) is the undisputed segment leader when it comes to liquidity. The fund trades 464.27M in daily average volume. Investors should also find ample liquidity in the iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB), with $202.29M in daily dollar volume.
Use limit orders to trade funds such as the BNY Mellon Short Duration Corporate Bond ETF(BKSB), due to their double-digit market spreads.
ETF.com/ Block Liquidity
ETF.com Fit Insight
The Bloomberg U.S. Corporate Bond 1-3 Year Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.